Correspondence

Monetary policy remit: Autumn Statement 2022

The Chancellor’s letter to the Bank of England setting the remit for the Monetary Policy Committee.

Documents

Monetary Policy Remit: Autumn Statement 2022

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Monetary Policy Remit: Autumn Statement 2022

Details

This is the remit for the Monetary Policy Committee (MPC), which the Chancellor sets out in a letter to the Governor of the Bank of England. The Bank of England Act 1998 requires the Treasury to specify at least once every 12 months how price stability will be defined and the government’s economic policy objectives.

Published 17 November 2022